2015 Federal Budget

The 2015 Federal Budget2015 Canadian Federal Budget has been released.

For complete details please see: http://www.budget.gc.ca/

For a review of the budget, please see: http://www.bcbusiness.ca/finance/2015-federal-budget-gets-an-a-from-cfib

The Canadian Federation of Independent Business (CFIB) liked Tuesday's budget, which will reduce the tax burden on small businesses. The small business corporate tax will fall from 11 to 9 per cent over the next four years, and the lifetime capital gains exemption for farmers and fishers will immediately increase to $1 million, both of which were on the CFIB’s wish list.